Boil-in-bags are a form of packaged food products in which bagged food is cooked or heated in boiling water. Plastic bags can be solid and impermeable for holding frozen foods; alternatively, bags can be porous or perforated to allow boiling water into the bag. Boil-In Bags can be of aluminium foil, plastic, paper, or any material. It is used in frozen foods, ready to eat meals, rice & cereals, bakery & confectionary.
MARKET SCOPE
The "Global Boil-In Bags Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the boil-in bags market with detailed market segmentation by material type, application, and geography. The report provides key statistics on the market status of the leading boil-in bags market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on material type, the global boil-in bags market is segmented into aluminium foil, plastic, paper, and others.
- Based on application, the global boil-in bags market is segmented into frozen foods, ready to eat meals, rice & cereals, bakery & confectionary, and others.
MARKET DYNAMICS
Drivers:
- Consumers shifting their preference from traditional to ready-to-eat meals.
- Growing demand for high-temperature boil-in bags.
- Higher flexibility, and affordability of such bags, and their property of preserving the stored food for a longer time.
- Rising R&D activities drive the boil-in bags market.
Restraints
- Delays in production or early production schedules.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The boil-in bags market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the boil-in bags market in these regions.
IMPACT OF COVID-19 ON BOIL-IN BAGS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the boil-in bags market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from boil-in bags market are anticipated to lucrative growth opportunities in the future with the rising demand for boil-in bags in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the boil-in bags market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ProAmpac LLC
- Universal Plastic Bag Co
- UltraSource LLC
- Granitol A.S
- M & Q Packaging Ltd
- Packit Gourmet
- US Poly Pack
- Synpac Limited
- Shenyang Dongya Composite Packaging and Color Printing Factory
- Shenzhen Ken Hung Hing Plastic Products Co., Ltd